10 Lakestone EstsPittsboroNC27312
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Pittsboro at 10 Lakestone Ests, Pittsboro, NC, 27312 earns from $2,897/mo rent with a $2,447/mo payment. Total monthly income totals $2,897/mo. ROI tracks 18.82% on current figures, and rental yield reads 6.95% at a $500,000 purchase. Equity gained on principal adds $3,226/yr, and 5% annual appreciation supports $138,141 over five years. Five-year ROI reaches 96.87% and total cumulative return in cash sums $160,568. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,897/mo property income instead of your personal income.
Single Family
Built in 1994
6.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27312, Pittsboro, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,378 (100%) |
| Owner Occupied HU | 9,139 (73.8%) |
| Renter Occupied HU | 2,324 (18.8%) |
| Vacant Housing Units | 915 ( 7.4%) |
| Median Home Value | $487,766 |
| Average Home Value | $531,267 |
Housing Distribution
Address Breakdown
Residential
11,312
Single Family
9,514
Multi-Family
1,798
Businesses
810
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Listed by: Laura Deitsch • Grow Local Realty, LLC
Mls Name: Doorify MLS
Mls ID: #10123726